The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Fri Jan 26, 2018
LCI Industries, a supplier of components for the leading OEMs of recreational vehicles and adjacent industries and the aftermarkets of these industries, will release its fourth-quarter and year-end 2017 financial results before the market opens on Feb. 8.
LCI Industries also will host a conference call at 11 a.m. EST Feb. 8 to discuss the results and other business matters. The call will conclude with a question-and-answer session, with participation limited to institutional investors and analysts. Individual investors, retail brokers and the media are invited to listen to a live webcast of the call on the LCI Industries website at www.lci1.com/investors.
CEO Jason Lippert, President Scott Mereness and Chief Financial Officer Brian Hall will participate in the call.
In November, LCI reported consolidated net sales for the third quarter of 2017 of $555 million, 35 percent higher than the 2016 third quarter net sales of $412 million. Net income was $32.1 million, or $1.26 per diluted share, for the third quarter ended Sept. 30, compared to net income of $29.8 million, or $1.19 per diluted share, for the third quarter ended Sept. 30, 2016.